PFG Investments LLC Takes Position in ASA Gold and Precious Metals Limited (NYSE:ASA)

PFG Investments LLC acquired a new position in shares of ASA Gold and Precious Metals Limited (NYSE:ASA) in the first quarter, HoldingsChannel reports. The firm acquired 32,594 shares of the investment management company’s stock, valued at approximately $501,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Saba Capital Management L.P. raised its holdings in ASA Gold and Precious Metals by 59.1% in the 3rd quarter. Saba Capital Management L.P. now owns 1,788,420 shares of the investment management company’s stock valued at $23,840,000 after acquiring an additional 664,321 shares during the last quarter. Raymond James & Associates grew its position in shares of ASA Gold and Precious Metals by 14.5% in the first quarter. Raymond James & Associates now owns 730,894 shares of the investment management company’s stock valued at $11,227,000 after purchasing an additional 92,458 shares during the period. International Assets Investment Management LLC acquired a new position in ASA Gold and Precious Metals in the fourth quarter valued at $522,000. Blue Bell Private Wealth Management LLC lifted its position in ASA Gold and Precious Metals by 82.4% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 32,122 shares of the investment management company’s stock worth $484,000 after buying an additional 14,509 shares during the period. Finally, DORCHESTER WEALTH MANAGEMENT Co boosted its stake in ASA Gold and Precious Metals by 87.2% in the 3rd quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 21,850 shares of the investment management company’s stock worth $291,000 after buying an additional 10,175 shares during the last quarter.

ASA Gold and Precious Metals Stock Up 1.3 %

ASA traded up $0.23 during midday trading on Monday, hitting $17.49. The company’s stock had a trading volume of 52,129 shares, compared to its average volume of 73,539. ASA Gold and Precious Metals Limited has a 52-week low of $12.80 and a 52-week high of $17.75. The firm has a 50-day moving average price of $15.54 and a two-hundred day moving average price of $14.85.

ASA Gold and Precious Metals Increases Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, May 16th. Investors of record on Monday, May 6th will be issued a $0.02 dividend. This represents a yield of 0.1%. This is an increase from ASA Gold and Precious Metals’s previous Semi-Annual dividend of $0.01. The ex-dividend date of this dividend is Friday, May 3rd.

ASA Gold and Precious Metals Company Profile

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.